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Oman makes IBAN mandatory for all domestic bank transfers

Summary by madhyamamonline.com
The Central Bank of Oman previously announced that the use of the International Bank Account Number (IBAN) would become compulsory for all domestic financial transactions.

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Today a transfer is possible in seconds. If data is incorrect or fraudsters have their hands in the game, the money is gone. New EU requirements should provide more protection.

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madhyamamonline.com broke the news in on Wednesday, July 2, 2025.
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